Part 4Crown entity reporting and financial obligations
Reporting obligations: Planning: statement of intent
146Process for providing statement of intent to responsible Minister
A Crown entity that is required to prepare a statement of intent must provide it to its responsible Minister.
The process that must be followed in providing a statement of intent is as follows:
- the Crown entity must provide a draft statement of intent to its responsible Minister—
- not later than 2 months before the start of the first financial year to which the statement of intent relates; or
- in the case of a newly established Crown entity, within the time frame specified by the responsible Minister; or
- if the responsible Minister has requested the statement of intent under section 139A, within the time frame specified by the responsible Minister; and
- not later than 2 months before the start of the first financial year to which the statement of intent relates; or
- the responsible Minister must provide to the entity any comments that he or she may have on the draft not later than 15 working days after receiving it; and
- the entity must consider the comments (if any) on the draft and provide the final statement of intent to its responsible Minister—
- as soon as practicable after receiving the comments (if any) but before the start of the first financial year to which the statement of intent relates; or
- in the case of a newly established Crown entity,—
- as soon as practicable, but not later than 25 working days, after receiving the comments; or
- if the responsible Minister does not provide comments within the period specified in paragraph (b), not later than 25 working days after the end of that period; or
- as soon as practicable, but not later than 25 working days, after receiving the comments; or
- if the responsible Minister has requested the statement of intent under section 139A,—
- as soon as practicable, but not later than 25 working days, after receiving the comments; or
- if the responsible Minister does not provide comments within the period specified in paragraph (b), not later than 25 working days after the end of that period.
- as soon as practicable, but not later than 25 working days, after receiving the comments; or
- as soon as practicable after receiving the comments (if any) but before the start of the first financial year to which the statement of intent relates; or
Notes
- Section 146(2): replaced, on , by section 55 of the Crown Entities Amendment Act 2013 (2013 No 51).


